811 16th Street, Des Moines, IA 50314

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
811 16th Street,Des Moines, IA 50314
$850,000
  • 13 Beds
  • 9 Baths
  • 5,689 sq. ft.
  • Multi-family
  • Active
Listed by: jared husmann
Office: keller williams realty gdm
MLS#:731192
Source:IA_DMAAR

Price summary

  • Price:$850,000
  • Price per sq. ft.:$149.41

About this home

The KataLYST Team by KW Commercial is proud to exclusively present 811 16th St. in Des Moines, IA; a well-maintained, historic property in the highly sought-after Sherman Hill neighborhood. Featuring timeless charm with real hardwood floors, original built-ins, and solid craftsmanship, this asset offers both aesthetic appeal and strong fundamentals. Currently operating at a true 5.01% cap rate, the property presents a compelling value-add opportunity with projected rental upside of 10.2% as market rents continue to strengthen. Ideal for investors looking for a stable return with long-term growth potential.

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Home facts

  • Listing ID #:731192
  • Added:98 day(s) ago
  • Updated:March 12, 2026 at 02:56 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:9
  • Full bathrooms:9
  • Kitchen Description:Cooktop, Dishwasher, Refrigerator
  • Basement:Yes
  • Basement Description:Partially Finished
  • Living area:5,689 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Natural Gas, Radiant

Structure and exterior

  • Roof:Rubber
  • Building area:5,689 sq. ft.
  • Lot area:0.15 Acres
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public, Water Available

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$149.41
  • Tax amount:$10,540 (2024)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Laundry features:Dryer, Washer

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